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Imagine you are the manager of a bank that has just been robbed. The police gather evidence from the crime scene to try to identify the robbers. Then a federal official arrives to advise that you're being fined for not doing more to prevent the theft. Then some state officials arrive to say that they're fining the bank too, because some of your customers were residents of their states. Then you learn that you're being sued by the customers whose money was taken.
For many companies in the United States, this scenario is playing out with increasing frequency following breaches in cyberspace. Securing your company's network and protecting your valuable data is difficult enough in today's Internet-driven economy. But to be treated by regulators and courts like an accessory to the crime after you've been hacked is truly adding insult to injury.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.